subordinated Meaning in the Cambridge English Dictionary
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Meaning of “subordinated” in the English Dictionary

"subordinated" in Business English

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subordinatedadjective [before noun]

uk   us   /səˈbɔːdɪnət/ (also subordinate) FINANCE
used to describe a ​loan that will be ​paid back after other ​loans, if the ​personborrowingmoney gets into ​financial difficulty: Franklin Auto Loan Funding ​issuedsenior and subordinated ​certificates to three ​institutionalinvestors. The ​group has ​approximately $41 million of subordinated ​debtoutstanding.
(Definition of subordinated from the Cambridge Business English Dictionary © Cambridge University Press)
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